Brabham Automotive has released a new preview image of its upcoming BT62 hypercar, which is due to be revealed next week. The new picture is of the car’s badge and follows another image that showed the rear LED lights and a large carbonfibre rear wing in darkness. Brabham describes its model as a “low-slung, race-inspired car”. It will cost… Continue reading Brabham BT62: 5.4-litre V8-powered hypercar due next week
Tag: Strategy
Hyundai Mobis outlines growth plans in line with group’s streamlining
SEOUL, April 26 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Thursday outlined its growth plans in line with its parent Hyundai Motor Group’s broad governance restructuring program. The move comes after Hyundai Motor Group announced last month that auto parts supplier Hyundai Mobis will spin off its domestic… Continue reading Hyundai Mobis outlines growth plans in line with group’s streamlining
LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP
EUR 1.1 Billion Deal Largest in LG’s 60 Year History SEOUL, Apr. 26, 2018 ― Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG’s largest acquisition to date. Under the terms… Continue reading LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP
Geely, Aisin sets up automatic transmission JV
A Geely Emgrand EV300 is on display at an auto exhibition in Fuzhou, East China’s Fujian province, June 19, 2017. [Photo/VCG] HANGZHOU – Chinese automaker Geely on Wednesday announced that it has signed a deal to set up an automatic transmission joint venture with Japan’s Aisin AW. The joint venture has a registered capital of… Continue reading Geely, Aisin sets up automatic transmission JV
Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough
Presentation by Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH and Prof. Stefan Asenkerschbaumer, deputy chairman of the board of management, at the annual press conference on April 25, 2018 Ladies and gentlemen,we deliberately chose not to begin this annual press conference with the traditional presentation of our financial position.… Continue reading Growth, earnings, environmental protection: in its quest to make mobility as emissions-free as possible Bosch has achieved a breakthrough
Porsche Doubles Target for Deliveries of Electric Cars by 2025
Porsche set one of the industry’s most aggressive targets for selling plug-in hybrid and battery-powered cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electric models is speeding up. The Volkswagen AG luxury brand is readying the all-electric Mission E sports car… Continue reading Porsche Doubles Target for Deliveries of Electric Cars by 2025
Organic growth strengthens transformation of the MAHLE Group
Strong organic growth of 6.4 percent Sales rise to EUR 12.8 billion Increase in earning power Ongoing consistent focus on dual strategy Fresh culture of innovation for the mobility of tomorrow Steady growth for MAHLE MAHLE again achieved a record high and consolidated its market position among the world’s 20 largest automotive suppliers. It is… Continue reading Organic growth strengthens transformation of the MAHLE Group
Didi appoints one of its execs to lead ride-hailing service 99
Didi, the Chinese transportation behemoth that acquired Brazilian ride-hailing service 99 back in January, has replaced 99’s chief executive with one of its own, Recode first reported. Stepping in to replace Peter Fernandez is Tony Qiu, who most recently oversaw Didi’s luxury business. Before joining Didi, Qiu had stints at Morgan Stanley and Bain Capital. Fernandez… Continue reading Didi appoints one of its execs to lead ride-hailing service 99
50% of the cars sold by Volvo in 2025 will be electric
Posted 04/25/2018 11:23 PM: 37CET GÖTEBORG (SWEDEN), 25 Apr (EUROPA PRESS) – The Swedish automotive firm Volvo Cars expects 50% of its worldwide registrations to correspond to electric vehicles for the year 2025, according to the company, which affirmed that its new models launched since 2019 will have medium hybrid, plug-in hybrid and 100% hybrid… Continue reading 50% of the cars sold by Volvo in 2025 will be electric
Continental Solutions Deliver Seamless Emissions Robustness With Low Fuel Consumption
Continental develops components, electronics, software and development tools to further improve the emissions performance of vehicle powertrains Technologies and control strategies are designed to ensure that vehicle emissions are standard-compliant under all operating conditions Highlights include the new XL5 injector, a Gasoline Particulate Filter (GPF), an Active Purge Pump (APP) and a heated catalyst (EMICAT)… Continue reading Continental Solutions Deliver Seamless Emissions Robustness With Low Fuel Consumption